[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

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• 2026.07.22 15:33
• [WEET's electricity consumption exceeded 100 billion yuan for the first time in six months]
• In the first half of 2026, the West East power transmission capacity of China Southern Power Grid reached 108.1 billion kilowatt hours, a year-on-year increase of 5.6%, setting a new historical high for the same period, with clean energy accounting for over 80%. Under the power situation of "strong supply and demand" in the southern region, Nanwang Ultra High Voltage Company has leveraged the synergistic effect of "medium and long-term+spot", and sold over 100 billion kilowatt hours of electricity for the first time in the first half of the year, reaching 103.5 billion kilowatt hours. Editor/Cheng Liting

• 2026.07.22 15:32
• [Dell Technology's 1.2 billion manganese based new material project starts construction]
• The annual production of 100000 tons of high-purity manganese sulfate and 20000 tons of manganese trioxide project by Fujian Dexiang New Materials Co., Ltd. has started, with a total investment of 1.2 billion yuan and an area of 299.82 acres. It is a key project in Fujian Province in 2026. The project adopts the independently developed process of "two mines and one step" to produce high-quality manganese based new energy materials. Editor/Cheng Liting